With the announcement of February inflation figures, the rent increase rate for March 2022, which is closely related to tenants and landlords, became clear. Citizens who will renew the rental agreement have learned the increased rental price in this way. Inflation figures were announced by the Turkish Statistical Institute (TUIK) on Thursday, February 3, 2022.
FEBRUARY INFLATION NUMBERS ANNOUNCED
January inflation rate was announced as 11.10. TURKSTAT on an annual basis January inflation rate is 48.69. it happened. The figure announced by TURKSTAT for the rent increase to be made in February 2022 was 22.58%. The Turkish Statistical Institute announced that February inflation increased by 54.44% annually and by 4.81% monthly.
HOW MUCH IS THE RENT INCREASE RATE IN MARCH?
In CPI (2003=100) in February 2022, 4.81% compared to the previous month, 16.45% compared to December of the previous year, 54.44% compared to the same month of the previous year and according to the twelve-month averages 25.98% increase took place.
MARCH RENTAL INCREASE RATE CALCULATION
Current Rental Fee: 2,000,00 TL
Rent Increase Month: March 2022
CPI Rent Increase Rate: 25.98% (Turkstat’s February 2022 CPI data is used for the rent increase to be made in March 2022.)
Rent Increase Amount: 519.60 TL
New Monthly Rent Amount: 2,519,60 TL
Annual New Rent Amount: 30,235.20 TL